CONSENSUS: Analysts expect Alliance Oil profit to IFRS to fall 14% in Q3
MOSCOW. Nov 21 (Interfax) - Analysts at 13 investment companies and banks polled by Interfax expect that Alliance Oil Company's net profit to International Financial Reporting Standards (IFRS) fell 14% year-on-year to $73 million in Q3 2011.
The consensus forecast for Alliance Oil's net profit for January-September 2011 totaled $219 million, up 33% year-on-year.
The company's revenue for Q3 was up 37% to $797 million, and for January-September - 40% to $2.26 billion, the analysts say. Forecast EBITDA for Q3 was $158 million (up 22%), and for the nine months - $439 million (37%).
Alliance Oil plans to publish its financial results on November 22.
Forecast for Alliance Oil's financial performance in Q3 2011 (mln USD):
| Q3 2011 | Jan-Sept 2011 | |||||
| Company | Revenue | EBITDA | Net profit | Revenue | EBITDA | Net profit |
| JP Morgan | 839 | 164 | 90 | 2302 | 444 | 236 |
| Nordea | 787 | 158 | 88 | 2250 | 438 | 234 |
| Deutsche Bank | 753 | 149 | 84 | 2216 | 429 | 230 |
| Troika Dialog | 796 | 164 | 77 | 2259 | 444 | 223 |
| UniCredit | 784 | 156 | 75 | 2246 | 437 | 221 |
| Uralsib | 796 | 159 | 73 | 2259 | 439 | 219 |
| Goldman Sachs | 794 | 157 | 71 | 2257 | 437 | 217 |
| Cheuvreux Nordic | 809 | 161 | 70 | 2272 | 441 | 216 |
| Otkritie | 778 | 154 | 66 | 2241 | 434 | 212 |
| VTB Capital | 777 | 148 | 65 | 2240 | 428 | 211 |
| Alfa Bank | 793 | 154 | 64 | 2256 | 434 | 210 |
| Morgan Stanley | 851 | 167 | 63 | 2314 | 447 | 209 |
| BofA ML | 809 | 166 | 61 | 2272 | 446 | 207 |
| Consensus | 797 | 158 | 73 | 2260 | 439 | 219 |
| 2010 results | 581 | 130 | 85 | 1614 | 320 | 164 |
| Change (%) | 37 | 22 | -14 | 40 | 37 | 33 |
